July 21, 2011

NIFTY EOD UPDATE

  • Nifty daily chart shows very little follow up selling by bears after the bearish engulfing pattern.
  • But the head and shoulders pattern in 15 Minutes chart is still intact.
  • Price has closed below 5 day low ema.
  • Now 50 DMA May get tested tomorrow. 

2 comments:

  1. san,
    i hv sent one mail.
    just check & comments if any.
    Dr. Hitendra Patel

    ReplyDelete